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the hearing resumed, brennan defended u.s. actions in the war on terror, but he acknowledged the c.i.a. is not immune from scrutiny. >> i have publicly acknowledged that our fight against al queda and associated forces has sometimes involved the use of lethal force outside the hot battle field of afghanistan. accordingly it is understandable there is great interest in the legal basis as well as the thresholds, criteria, processes, procedures, approvals and review for such actions. i have strongly promoted such public discussion with the congress, and with the american people as i believe our system of government and our commitment to transparency demand nothing less. >> reporter: late wednesday, mr. obama directed that the house and senate intelligence committees be given a classified memo on drone strikes abroad. it lays out the legal rationale for targeting american terrorism suspects. brennan has helped manage the program. oregon democrat ron wyden had pressed for release of the memo. he went directly to the issue during his first pass at questioning brennan. >> what should be d
angeles police office wanted for murder. >> suarez: we turn to iran as the u.s. tightens sanctions but tehran shows no signs of halting its nuclear program or engaging in talks. >> brown: from our american graduate series, we have the story of a chicago non-profit that aims to change the lives of would-be dropouts. >> what's interesting about one goal is that it pinpoints and targets low-income, underperforming students in non- selective chicago public schools, students who are least likely to graduate from high school, let alone college. >> suarez: we look at newly released documents showing leaders in the catholic church in los angeles shielded pedophile priests and failed to report allegations of child abuse. >> brown: and gwen ifill talks with biographer jeanne theo- haris, who offers a complex portrait of the woman best known for refusing to give up her seat on an alabama bus in 1955. >> she is celebrated for one act and i think part of that celebration puts it all in the past, right, when the actual rosa parks keeps working on racial and social justice issues all the way up t
group and turkish police exchanged gunfire near the u.s. consulate in istanbul. three police officers died. nobody that's claimed responsibility for the most recent bombing on friday. >> algerian officials have for the first time allowed the media inside the site of a fatal hostage siege. islamic militants attacked the natural gas complex last month and kidnapped hundreds of workers. security forces fought their way in. when the crisis was over 37 foreign hostages and one algerian captive were dead. nhk was among the journalists who saw evidence of the conflict up close. >> reporter: about 100 domestic and foreign journalists were taken on a tour of the facility accompanied by officials. the plant is now under heavy guard. there are three checkpoints between the airport and the complex. and tanks have been deployed. these are the living quarters were many of the victims were taken hostage. we were only allowed access to the entrance. this building is a cafeteria. bullet holes serve as a grim reminder of the violence that gripped the complex over a four day period. the hostages were ga
the u.s. has been proposed. the objective to would be to help stabilize forces after the end of the operation. sources say neighboring countries are expected to play a major role in the operation. >> south korea leaders say they are ready to conduct an underground nuclear test at any time. crews have installed a remote detonator and equipment that will be used to measure radiation. north korean leaders said last month it will conduct their third nuclear test, but didn't say when. government sources say the crews brought a vehicle to the test site in the northeast that will remotely control the detonator. a monitoring device installed will be used to detect any nuclear radioactive material coming out of tunnels after a nuclear explosion. they are working with u.s. forces to monitor the movements of the north korean military. >> a trailer truck loaded with fireworks has exploded on an expressway on the inland chinese province of hernan. there are conflicting reports about the number of dead but the figure could reach into the dozens. the truck was delivering fireworks for chine
on its nuclear program. they say the nuclear fuel is for energy reactors. the u.s. is concerned that they will produce weapons grade material. let's head to the pits of the cme and phil flynn. >> very little reaction down here. the very first place you want to look is the ti spread. it has spread out to the largest level of the year. it is possible that part of that could be this story. a lot of people did not hold out a lot of hope for the stocks. the direct talks with the u.s., they thought maybe something may come out of that. at least they were hopeful. the rejection, now that obviously looks like it will be off the table. these talks will not do a whole heck of a lot. this comes at a time where they are tightening sanctions even more on iran. we saw saudia arabia, and take if you cannot get enough supply, we will pump a little bit more. melissa: that u.s. productivity fell 2% in the fourth quarter to its lowest level in nearly two years. what does the next day to say about our economic recovery? what do you make of that productivity number? that jumped out at me. >> the mov
at the strong dollar. you also have to look that u.s. oil production did the highest level in almost 20 years. it is absolutely incredible. a couple days ago, everyone was talking about $100 a barrel. now they are wondering if $90 will hold. the april futures just hit $93, as i speak. inventories, of course, rose. it was on the increase in production. a decrease on imports. that really impacted the market. that is good news for gasoline prices. they got hit very hard. the gas inventories fell. that was a bigger drawdown in gasoline. because of the strong dollar, that is keeping that market very strong. heating oil, they do not seem to care. the other big numbers today, natural gas. a drawdown aided in expected. it gave natural gas a little bit of a boost today. we could see a bigger drawdown than expected next week. ashley: phil flynn of price future group. thank you so much. shibani: buckle up for more volatility, it sounds like. take a look at what is happening to the national price of gas. it is up there descent from a month ago. this is refinery plants across the country. they are facing
as we do every 15 minutes. lauren, we are starting the week on an up note. >> this u.s. stock market rally really started in europe. the u.s. market has of arrows across the board. a really tight range for stocks. volume clearly to the upside by about two-one your advance to the client line. really pushing closer to those all-time highs. 14,198. we are not far from there. 1576, we are not far from that either. we are getting there. hopefully, we can keep this winninn streak live. ashley: healthcare provider stocks taking a hit. proposing lowering medicare rates next year. peter barnes joins us now from inside the beltway with the details on this story. peter: they are proposing a cut of about 5% or so in payments to insurance companies that offer medicare advantage is. about a quarter of all seniors in medicare, about 15 million of them, are enrolled in medicare advantage. they could have added benefits. patients have to stay in their healthcare network which helps insurance companies, in theory, manage their costs. private insurers are reimbursed for all of this by the government. t
of congress. >>> and after more than a century, the u.s. census bureau has decided to drop the word negro on its forms and surveys. negro will no longer appear as an option for race, alongside black or african-american. many americans view the word as offensive and outdated. duh. >>> c. everett koop, the nation's most famous and influential surgeon general has died at 96. president reagan appointed koop in 1981. he was instrumental on changing america's views on smoking. he endorsed condoms and sex education to help stop the spread of aids. he was a frequent visitor to dartmouth until his death. >>> pope benedict is leaving it to the cardinals of the catholic church. benedict changed the rules, allowing the cardinals to move up the can clave start date if all of them arrive at the vatican before the 15-day waiting period ends. benedict's resignation takes effect on thursday. >>> prosecutors have asked that manslaughter charges be brought against the costa concordia cruise ship. 32 people, including 2 americans, died in that accident. >>> and coming up after the break, stocks sliding yet a
of the u.s. embassy in ankara so we're going to be following that for us as well as she heads in for her last day and john kerry begins his first day at the state department. >> you have to say right up 'til the end she is dealing with serious issues and ensures that security around the world in our embassies are one of the hallmarks of her tenure at state. >> this morning we've been talking about the possible suspects, hezbollah, iran, syria, also al qaeda, the suspects in benghazi bombing fled to turkey after that bombing. >> lots of suspects in this. thanks guy, appreciate it. we get to "cnn newsroom" with carol costello begins right now. >> hi, soledad. stories we're watching right now in "the newsroom" the blast felt around the world. suicide bomber strikes just outside the u.s. embassy in turkey. we have the latest on this developing story. >>> mistakenly freed a convicted murderer on the loose, the latest on the frantic search to find him. >>> popular cough and cold syrups you may have in your cupboard are being recalled because the caps on the bottles aren't child proof enough. p
of a mess is italy. what does it mean for europe and the u.s.? a shift in u.s. energy policy. we were trying to lessen middle eastern imports but something just changed. we'll be back to tackle those topics when "power lunch" returns in 2:00. [ male announcer ] any technology not moving forward is moving backward. [ engine turns over, tires squeal ] and you'll find advanced safety technology like an available heads-up display on the 2013 lexus gs. there's no going back. >>> major snowstorm slamming into the middle west this. video comes from kansas city. they were hit very hard there just a week or so after another storm walloped them. tens of thousands of people lost power in that area. in some parts of the middle west measuring sticks show three feet of snow has fallen. sue, in this digital age we still use measuring sticks. >> it's amazing, isn't it, ty? they have had a lot of snow. it's going to take a while to dig out of that. >>> meantime italian business leaders are in shock at the election results which could cause a political stalemate which in terms could affect much needed economi
right now in "the newsroom" the blast felt around the world. suicide bomber strikes just outside the u.s. embassy in turkey. we have the latest on this developing story. >>> mistakenly freed a convicted murderer on the loose, the latest on the frantic search to find him. >>> popular cough and cold syrups you may have in your cupboard are being recalled because the caps on the bottles aren't child proof enough. plus -- i can't even explain to you how insane it is in bat herher baltimore. >> what time is it? >> game time! >> what time is it? >> game time! >> big dogs in the house! >> woof, woof! >>> a couple of hours ago a bomber got as close to the front gate of the u.s. embassy in turkey before detonating. the state department scrambles to beef up security in response to the deadly attack on americans in benghazi, libya. nicholas burns is former state department official joins us from cambridge, massachusetts, good morning. >> good morning, carol. >> so this in all respects the suicide bomber targeted the u.s. embassy in turkey. what do you make of that? >> well, it's just hard to know t
the record show that the witness answered in the affirmative. we are pleased to be joined by u.s. attorney timothy heaphy. there was a request by the republican side it to send a witness to our next hearing on the importance of enforcement of the gun law. timothy heaphy was appointed as u.s. attorney for the western district of virginia. he has worked in private practice and taught at the university of virginia school law. mr. heaphy, thank you for joining us today. we will give you five minutes for an opening statement. your complete statement will be part of the record. and then we will ask you questions. >> thank you chairman durbin, ranking member cruz. i am pleased and honored to speak with you about the continuing work of the united states attorney community and the department of justice to address gun-related violence. this is a very personal issue to me. i've prosecuted hundreds of gun cases in my years as a federal prosecutor, including a yearlong trial of a violent drug gang right here in washington, d.c. i currently serve as united states attorney and a district that has felt th
. at the half, beyonce was on fire. the game was seen by millions. u.s. troops in kandahar, afghanistan, took time to watch. it's going to be awhile before people forget the power outage in the super dome. not caused by beyonce or the hair dryers for destiny's child. officials say it was an abnormality in the power system. >> you sure not the hair dryer? you sure about that? we've confirmed that? >> reporter: that's what i heard. >> that's not going to dryist. >> tahman bradley in washington, thank you for that. keep it right here. the "gma" super bowl party continue this is morning live from new orleans. you don't want to miss it. it's coming up at 7:00 in the morning. >>> following the developing story from southern california involving a deadly bus crash. at least eight people died when a tour bus hit a pickup truck on a remote highway about 80 miles east of l.a. dozens of people were taken to the hospital. the bus was apparently returns to tijuana from the big bear resort neeshl. the driver reportedly had problems with the brakes. >>> that crash comes a day after a bus carrying 42 high sc
and will now likely testify under oath and give full details of how he cheated for so long to the u.s. anti-doping agency. armstrong had been faced with a deadline to testify or lose his last chance at break on his lifetime ban from sports. in a just-released statement, usada wrote -- we have been in talks with mr. arm strorng and we understand that he does want to be part of the solution to clean up the sport of cycling. the sudden change comes on the heels of an abc news exclusive. our report that according to a high level source, agents are actively investigating armstrong or obstruction, witness tampering and intimidation, for allegedly threatening people who dared tell the truth about his cheating. a case reignited by his recent confession to oprah. >> i didn't invent the culture. >> mm-hmm. >> but i didn't try to stop the culture. >> reporter: if charges are ultimately filed, the consequences could be severe. >> these are serious potential crimes. you're talking about possible sentences, up to five, ten years. >> reporter: the pressures against armstrong are immense, and include civil
think that if you actually are going to be able to target eve an u.s. citizen that is meant to do us harm, which this administration has said i think rightly we have the right to do, then there should be in camera, right to congress, that has oversight for our military. they tear ones who declare war. they're the ones that raise moneys for our military and provide for rules and regulations of our millionth by the constitution, should be able to then see post facto and watch to make sure that we have not gone too far. that's happened before as you know. and so therefore that's when you can review the processes if it has to remain classified. >> representative davis, and not implying here this is a major scandal at all, but the saying does go that the cover-up is always worse than the crime. >> right. >> is there any sense that's what's going on here? >> well, i don't think anybody foresaw the wide application of drone usage that the administration's undertaken. and i think you're going to have to have some transparency in terms of when are they going to be used, what are the protocols
department cuts, according to this forced budget plan cut. just for some perspective, the u.s. is going to spend $88 billion this year, this year in afghanistan. we're going to have much more on this part of the story coming up later, barbara. thanks very much into here in washington, president obama is doing an end around the national press today. he's taking questions from local tv stations, blaming congress for doing nothing to avoid these forced spending cuts scheduled to take effect in just nine days. so what kind of cuts is the president willing to take? jim acosta confronted the white house press secretary today with that question. jim is joining us now. how did it go? >> reporter: wolf, here we go again. the white house and congress move one day closer to the massive forced spending cuts that go into effect at the end of next week. and even though they both agree it's a problem, they are both busy blaming each other to fix it. the white house sounding the alarm. poor children will be tossed out of classrooms, health services will be slashed, border security will be compromised a
'll tell you how to play the housing recovery without investing in the homebuilders. tracy: the u.s. postal service working it? well on the runway? come on. that's right. the cash-strapped usps delivering a new fashion line. we'll be right back. ♪ . what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate obreast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful brea
warning to a u.s. army commander. the u.s. and south korea are planning to conduct what they call routine, a joint military drills next month. officials from the north say that the drills are evidence of american hostility. they are threatening violence if the drills are not cancelled. earlier this month, north korea the fight to the united nations by conducting a nuclear weapon test. >> u.s. troops are setting up a base for surveillance drones in the african nation gulf neezher. defense officials say that the drones will be used to track militants and refugees. if they say that information will then be shared with france. french troops have been fighting islamic militants across the border in mali. even though the growth will not be armed, the base could eventually be used for launching air strikes in the region. >> for your health this morning, national reports show that the latest flu vaccine is less effective for older americans than it was in previous years. kron4 philippe and djegal quit doctors will say that you should still get the shot. >> the earlier that you get this shot the b
this morning and a health care burden for the u.s. neurologists predict the number of alzheimer's patients is expected to triple by the year 2050. that's when as many as 14 million patients may need care for the disease. the startling projection follows a study of patient records, as well as census numbers. >> doctors are warning parents about a strain of whooping cough. the new england journal"the new medicine" reports it's caused by a vaccine resistant strain. it's the worst outbreak of its kind in 60 years. >>> and what will be the story of the weekend. a powerful blizzard is zeroing in on the northeast, threatening to bring fierce winds and up to two feet of snow. the nor'easter expected to be the worst in years, is moving in from the gulf coast and the great lakes. snow is coming down this morning in chicago. but by tomorrow night, this storm will be unleashing heavy snow on boston and coastal new england. and that storm, as you know, could make a mess out of travel, even before the first flakes fall. some airlines announced plans to relax rebooking rules so passengers can change flig
%. their reasoning behind that is the u.s. oil production. we are up 376 million in total inventory. that is 10% higher than where we were one year ago today. dependence on opec, dependent on nigeria. i still think route oil prices slide a little bit more. ashley: very interesting. thank you so much. shibani: the s&p 500 is up more than 5% in the 2013 year. we are recovering, but have stocks hit their ceiling? our next guest causes a fake market rally. a little bit of a head fake. i know you have not been a believer. it seems that two days ago your predictions that this was a fake market rally were right. now, we are back up. what do you make of all this volatility? >> we need to put it into perspective. the federal reserve seeks control of this market through quantitative easing. that is what propels the market. the market starts to falter whenever there is even a little bit of hesitation. i think if you really drowned out into the economic numbers, this far into a so-called recovery, it is very difficult to give any kind of justification to a market advancing at that point. so good is, that h
, there were nine mass killings in the u.s. eight of the gunmen had a history of mental illness. background check is only as good as the database used to check a gun buyer's record. consider this. only 12 states actively submit mental health records to the federal database. the president has proposed fixing this by giving states money to improve recordkeeping. and by urging doctors to report credible threats of violence to law enforcement. mental health experts say the other key to addressing this problem is identifying and treating those with mental illness at a young age. the white house wants to give states the resources to do that. but that's going to require money. and it is also the kind of thing that will take a long time to show results. jonathan karl, abc news, new york. >>> and the president is taking action on two other pressing national issues. he signed a deal to raise the federal borrowing limit, preventing a short-term financial panic. and he meets with lawmakers on ways to reform the immigration system. >>> an iraq war veteran remains on suicide watch as he sits in a texas j
to be joined by u.s. attorney tenness timothy h. there was a request by the republican side it to send a witness to our next hearing on the importance of enforcement of the gun law. timothy heaphy was appointed as u.s. attorney for the western district of virginia. he has worked in private practice and taught at the university of virginia school law. mr. heaphy, thank you for joining us today. we will give you five minutes for an opening statement. your complete dimon will be part of the record. and then we will ask you questions. >> thank you chairman durbin, ranking member cruz. i am pleased and honored to speak with you about the continuing work of the united states attorney community and the department of justice to address non-related violence. this is a very person -- to address a gun-related violence. this is a very personal issue to me. i've prosecuted hundreds of gun cases in my years as a federal prosecutor, including a yearlong trial of a violent drug gang right here in washington, d.c. akron to serve as united states attorney in a district that has felt the pain -- i curren
auto brands sold in the u.s. are japanese. lexus, subaru and mazda. u.s. automakers were hurt by reliability and didn't crack the top ten. cadillac was the top american name plate. that number was at 14, though. in general, luxury brands did much better than the more basic lines for that same company. >>> and maybe this bud's not for you. beer drinkers are suing the company that makes budweiser for allegedly watering down its brews to boost profits. the class-action lawsuit claims there's less alcohol than stated on the labels for bud, michelob and other brands. anheuser-busch says that's completely false. the company controls 39% of the u.s. beer market. let's get to the bottom of that. seriously. don't ruin my weekend. >> upset about that. >>> next on this wednesday, shark attack. a deadly encounter this morning at a popular beach. and we'll have the latest. >>> also this morning, a big announcement from the one and only barbara walters. [ male announcer ] this is kevin. to prove to you that aleve is the better choice for him, he's agreed to give it up. that's today? [ male
as a u.s. senator from massachusetts. mr. president, i am proud to join my colleagues today in support of the violence against women act of 2013. i do so not just as a senator but as a mother of two daughters. this critical legislation has been held up for far too long, and it's past time for reauthorization. we have a serious responsibility to ensure that women and families are protected. the rates of violence and abuse in our country are astounding and totally unacceptable. according to a 2010c.d.c. study, domestic violence affects more than 12 million people each year. across the united states, 15 1/2 million children lives in homes in which domestic violence has occurred. and in my home state of north carolina alone, 73 women and children are killed on average every year because of domestic violence. let me say that number one more time. 73 women and children are killed every year due to domestic violence. these are alarming statistics, and we must act now to address them. since 1994, vawa programs, and in particular the stop program, that provides grants for services, training, of
this 12-story building. the source of thousands of cyber attacks against 141 u.s. companies spanning 20 industries. whose building is it? according to a new report confirmed by u.s. intelligence, it's the headquarters of unit 61398. >> i think it was time to let the world know, it's actually not just from china, it's the chinese government sanctioning these attacks. >> reporter: among the targets, america's very infrastructure. >> now our enemies are sabotaging our power grid, our financial institutions, our air traffic control systems. >> reporter: other targets of chinese hackers familiar brand names like coca-cola, facebook, "the new york times," on "wash post" and "wall street journal." and only today, apple. the hackers have user names like ugly gorilla and dota. according to this instructional video from mandiant. >> here we see dota logging into one of his operational e-mail accounts. he's used it for spear phishing and generating additional accounts. >> reporter: what is it? how hackers campaign access into a network by sending deceptive e-mails tricking users into clicking on a
. ♪ stay in the groove with align. >>> the u.s. government is spending about $3.8 trillion this year but if there's no deal by friday night, agencies will have to cut a fraction of that, about $85 billion clarz. so our big question is that, why would that amount have an impact in the overall economy. tom foreman is analyzing that. have you figured it out, tom? >> when you look at the $3.8 trillion, all these different programs out here, if you've cut out this amount down here, 85 billion, how can can that little slice of all this make a difference? one of the reasons it makes a difference, one of the reasons is because washington is not really looking at the whole budget and they haven't for a long, long time because what you have to consider is that all of the entitlement programs are out of the equation and these programs are bigger than all of the other programs. we aren't really cutting a whole budget. we're talking about putting these cuts in part of the budget. if you look at what has happened to entitlements, look at just defense spending. here's defense spending which is way
. that's how prevalent this is. by the way, apparently most prevalent crime in the u.s. averaging 550,000 incidents per day, $13 billion worth of goods lost. that's $35 million a day. >> we are a nation of thieves. >> 1 in 11 people are shoplifters. >> that is so dirty. i can't believe people would do something like that. >> that is not the kind of thing i've ever even heard of. >> that's disgusting. >> we'll be back. >> if diane sawyer asks, you didn't see me. ♪ >>> thunder road. >> there we go. >>> consumer reports has ranked the top ten cars and it is not too good news for detroit. >> abc's marci gonzalez shares the results. good morning, marci. >> reporter: good morning. the consumer reports list just came out yesterday, and there were some surprises. honda is back. topping consumer reports top car picks for 2013 after being left off the list last year. >> it got some of the mojo back. >> reporter: honda roared back with three winners, the accord, odyssey and crv. but missing from this year's list are any american manufacturers. >> one thing that hurt the americans for our list
. that instability sent oil prices plunging this morning. >>> and the white house stepping up u.s. involvement in syria's bloody civil war. secretary of state john kerry has promised the rebels trying to overthrow bashar al assad that support from the u.s. is coming. though he didn't elaborate further. he did persuade rebel leaders to attend a conference in rome this week. "the new york times" reports that saudi arabia is already shipping weapons to the rebels, something president obama has refused to do in the past. >>> and next time you're tempted to illegally download music or movies online, you could be in store for a rather rude awakening. beginning this week, the top internet providers will be tracking illegal downloads as part of the new copyright alert system, organized by the entertainment industry. you will get six warnings to stop. and then the real punishment kicks in. your service provider will temporarily slow your connection to a crawl. >>> have you seen first lady michelle obama's wardrobe change from the oscars? we saw mrs. obama in her sleeveless silver gown, looking lovely,
army has been behind a series of cyber attacks on the u.s. the white house is reporting considering fines and other trade penalties. china denies any involvement, but hacking, those stories are big today. back to you, nicole, you're watching google the day after it it broke above 800, where is it? >> yeah, hey, well, let's talk about google, right? hey, i was checking on it, 8.07 was the high and new hundred level and he's he shouting his opening trades and you can see it above the 800 mark at 805, a good one. stuart: and it broke above 800 on our air as of this time yesterday. nicole, yahoo! what's with it, a new look or something, what's that? >> a new look and the stock is up about 1/2 a percent for yahoo! and that's one that we'll watch as the new look as well on their site. so, keep an eye on that one as well. when i think about google though, i have to double-check, but when that initial public offering happened, i think it was like $84 or something. stuart: yes. >> and it's at 807. i'm talking about the cuts, but it was in the the 80's, if you liked the idea then, you're just
, some politicians suggest. joining us now with the economic outlook, chief u.s. economist for ubs investment research. great to have you here. talking about terrible thing, apocalypse, armageddon is the president of these united states. he's mistaken? >> all you have to do is add the numbers. they say this sequester is $85 billion. that is based on budget authority. what they actually spend less behind budget authority so when commiists figured this, they take half of the 85 billion divided by the gdp and three tenths or four tenths of 1%. it's not that big right now. lou: one of the thing, and i don't want to engage you on the conversation with the president's veer rasety, but the fact of the matter, as we nod on the broadcast, the president talking about first responders, policemen, firemen, emts losing their jobs because of sequester. we don't know what he was thinking when he said that, but i want to know what's going to happen with the economy, and i think everyone watching this wants to know where we are. in contraction in the fourth quarter with the gdp, and numbers suggest
at the world's largest supplier of oil for the moment the u.s. may trump them eventually. major weakness in gold. we now have equities down pretty much the lows of the session. i am pulling up the dow chart, still a few names that tend to look a little bit weak at the moment. bank of america, caterpillar down, but what is going on that would cause a 60-point is lost? >> on top of all the things you mentioned, you have to sequester on the first of march and the market now up 7%. so i think probably taking money off the table anyway with all these negative things on top of it and this is what you're getting. we were very surprised the market was going up as well but had been most of the day. in the last few minutes the market has come in a nothing we didn't already know. liz: there is the belief that initially there is the first wave of what is happening with the fed minutes, and then it climbed back up, able to get down to about 12 points, 14-point and now 92 points to the downside. it is continuing to get a little worse minute by minute. >> and it will probably continue to do so. we have
in spain, and the use of medical technology in the u.s.? at t. rowe price, we understandhe connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investmeninformation, risks, fees and expenses to read and consider carefully before investing. ♪ gerri: whatever happened to test until death do us part? the toll that it is taking on their golden years next. @í ♪ gerri: the divorce rate among our nation's baby boomers is escalating to new heights, and it is only expected to get worse. the number of great divorce is doubled over the past decade with went for being among couples over the age of 50. divorce attorney joining me now with the consequences this has a retirement. this teeseven thing divorces typically at almost every age, but certainly at 50, a financial disaster. >> always a financial disaster. divorce is lost. you don't come out whole and you cannot expect to. what you want to do is come out with as much as you can and as
their justice system is similar to the u.s., but there are plenty of big differences and you'll hear about those coming up p. >>> and another big story we're folk here in the united states, a ferocious snowstorm paralyzing a huge section of the country. dumping snow from kansas to michigan, all across the region. schools are closing, flights grounded. it will be a real mess out there. cars sliding across icy roads. >> and this scene in chicago pretty typical. there have been hundreds of accidents. in oklahoma, one was deadly, a teenager reportedly killed when his truck crashed. >> conditions in kansas also pretty treacherous. more than 14 inches of snow fell in wichita. only one other storm in the city's history was worse. that was more than 50 years ago. >> let's go to wichita. how are people dealing with this much snow? >> reporter: well, most schools and universities in kansas and missouri are closed today. businesses throughout the region were closed all yesterday. they opened a lot later today. and the kansas government also started a little later today, around 10:00. usually they're in ear
morning. so you want to tune in for that. >>> after more than a century, the u.s. census bureau decided to drop the word "negro" on forms and surveys. starting next year, it will no longer appear as an option for race. many americans view the word as offensive and outdated. >>> a couple of the san francisco bay area who vanished last month during a biking trip in peru may now be in ecuador. garrett hand and his girlfriend, jamie, boarded a boat to amazon in ecuadoecuador. they had been speaking with friends and family on skype, but all contact stopped january 25th. >> just hanging in there. you know, you don't know what you don't know. and so we're by faith holding on that they're okay. >> the bike tour was supposed to last six months. relatives say they became concerned when the u.s. embassy posted a warning to u.s. citizens about kidnappings. >> there's plenty of cleaning up in parts of texas and oklahoma after record snowfall in those states. the snow was blown around by hurricane force winds across the region yesterday. 20 inches of snow fell on amarillo. at least two deaths are bei
budget cuts are imposed on the u.s. economy, and the federal government, again, while they have nothing to do with a jury, they are called the sequester, and americans get to judge for themselves who is telling the truth here. the obama administration is close to running out of dire ways to warn of the consequences. the attorney general of the united states actually said today our country is going to be less safe because of these budget cuts. so, if that's the case, why doesn't it feel more urgent amid all the noise here in washington? it's where we begin tonight with our chief white house correspondent chuck todd. chuck, good evening. >> reporter: good evening, brian. you know, we have a new poll out, and it has a simple and clear message -- the american public's patience is wearing thin with washington as it stumbles into yet another manufactured budget crisis. as republicans continue to say he's playing politics, the president was in newport news, virginia, today, a shipbuilding town heavily dependent on military spending. >> these cuts are wrong. they're not smart, they're not fair.
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